The free zone tax exemption was 25 years

The free zone tax exemption was 25 years

Free Zone Tax Exemption Turns 25 Years: According to the decision of the specialized working group elected by the High Council of Free Trade Zones, 25 years of tax exemption has been considered for these zones.

The specialized working group selected for free trade and special economic zones has approved a 25-year tax exemption for free trade zones.

This work consists of representatives of the Ministry of Economy, Ministry of Industry, Ministry of Interior, Ministry of Oil, Ministry of Cooperation, Ministry of Culture and Islamic Guidance, Ministry of Foreign Affairs, Ministry of Justice, as well as representatives of the Program and Budget Organization, Cultural Heritage Organization and Central Bank.

According to the resolution of this working group, natural and legal persons operating in free trade zones will be exempt from paying income and property taxes. After the end of the mentioned period, facilities have been provided for these people, the details of which you can see below.